Blog Category: SBA Loans

  • Exploring SBA Loans for Veterans

    As a veteran, your years in military service provided you with valuable skills that translate to the business world. Making good decisions, taking smart risks, and being self-disciplined are all skills of a successful business owner. Many veterans choose to embark on a new career as a small business owner. But starting a business requires money. […]

    Posted at October 10, 2020 » By : » Categories : Business Funding,SBA Loans »
  • SBA 8a Certification: What Is It, Its Benefits, and How to Obtain It

    The goal of the federal government is to award a minimum of five percent of all federal contract spending to small, disadvantaged businesses every year. One way this is done is with 8a certification. What does it mean when you hear someone mention a company has earned 8a certification? It means the business has applied for the […]

    Posted at August 27, 2020 » By : » Categories : Business Management,SBA Loans »
  • How to Get Startup Funding for Your Small Business

    What’s the most challenging thing about starting a business? You guessed it; it’s financing! We totally get the excitement that comes with a business idea and the frustration that follows when you can’t finance it. The longer you take to find your startup funding, the more you lose your enthusiasm and motivation for the business. […]

    Posted at August 24, 2020 » By : » Categories : Business Funding,SBA Loans,Starting a Business »
  • What is a Paycheck Protection Program (PPP) Loan: An Essential Guide

    Is your small business currently struggling and experiencing loss of revenue? You’re not alone. More than 100,000 small businesses have closed in 2020. The good news is that there are relief programs that you might qualify for to help your small business. PPP loan, or Paycheck Protection Program loans, fund payroll, rent, mortgage, interest, and […]

    Posted at August 4, 2020 » By : » Categories : COVID-19 Business Resources,SBA Loans »
  • SBA Paycheck Protection Program (PPP) vs. the EIDL Program

    The United States economy is still under siege due to the coronavirus pandemic. Southern states like Florida and Texas are now being rocked by the virus. Florida is now reporting over 10,000 positive cases per day. To limit the spread of the virus, these states have no choice but to close businesses once again. For […]

    Posted at August 1, 2020 » By : » Categories : COVID-19 Business Resources,SBA Loans »
  • PPP Loan Forgiveness: What to Know to Get Your Loan Forgiven

    The Paycheck Protection Program (PPP) is a loan program worth nearly $670 billion. It was enacted by the U.S. Federal Government under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. With a PPP loan, small business owners could have access to the funds required to keep their operation afloat throughout the COVID-19 pandemic. To achieve loan forgiveness and avoid […]

    Posted at July 20, 2020 » By : » Categories : COVID-19 Business Resources,SBA Loans »
  • How to Apply for a PPP Loan: Everything You Need to Know

    The global economy is in peril due to the coronavirus pandemic. Across the United States, businesses are closing their doors at the government’s request. How can American businesses expect to survive without revenue? There is a sliver of hope during these distressing times. The United States government authorized the Paycheck Protection Program (PPP) to bailout […]

    Posted at July 17, 2020 » By : » Categories : COVID-19 Business Resources,SBA Loans »
  • Small Business Administration Loans and How to Get Approved

    According to reports, there are over 30 million small businesses in the US. In addition, small businesses employ 47,5% of the workforce, which equates to roughly 58.9 million people. Small business owners need to know more about Small Business Administration loans. Thanks to the fact that small businesses are powering the US economy, the government […]

    Posted at June 27, 2020 » By : » Categories : Business Funding,SBA Loans »
  • Financial Help During Coronavirus: How Does an SBA Disaster Loan Disbursement Work?

    The effect of the COVID-19 pandemic on America’s GDP is likely to be even greater than that of the global recession in 2008. Small business owners are now needing to know how an SBA disaster loan disbursement works. This catastrophic impact will affect all businesses, but small businesses may be in particular danger. Many will […]

    Posted at May 13, 2020 » By : » Categories : COVID-19 Business Resources,SBA Loans »
  • US Business Funding for Small Businesses: How to Get a Grant

    According to US business funding statistics, over 60% of new businesses fail within ten years. One of the top reasons why so many small businesses go under is lack of capital. Building a business takes resources, and not all new businesses can generate enough profits to support growth. Up to 77% of small businesses are initially […]

    Posted at May 12, 2020 » By : » Categories : Business Funding,SBA Loans »